The rise of collaborative robots
Collaborative robots (cobots) have transformed manufacturing, with their market projected to grow from US$1.2 billion in 2023 to US$29.8 billion by 2035, at a CAGR of 34.5% based on IDTechEx’s analysis. Unlike traditional industrial robots, which operate in isolated, caged environments for safety, cobots work alongside humans, enhancing flexibility and reducing downtime. This shift aligns […]